<a href="https://www.apartments.com.au/developments/collingwood-vic-3066">Collingwood</a>’s northern edge continues to sharpen its reputation as one of Melbourne’s most compelling cultural precincts, where established creative institutions, leading hospitality, and independent fashion converge within a tightly held inner-city neighbourhood.

Set within this evolving pocket, <a href="https://www.apartments.com.au/new-apartments/derby-street-by-milieu-collingwood-4-derby-street-collingwood-vic-3066">Derby Street by Milieu</a> draws on a location that balances proximity to some of the inner north’s most influential destinations with the quieter, tree-lined character that defines the streets edging East Melbourne. Positioned just moments from both Smith and Gertrude Streets, the address sits on the periphery of Collingwood’s cultural core, offering immediate access without the intensity of its busiest frontages.&nbsp;

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Gertrude Street, in particular, anchors the area’s identity as a destination for Melbourne’s leading food, art and fashion. Within a short walk, venues such as Marion, Cutler &amp; Co, IDES and the Builders Arms Hotel define a tightly curated dining scene with enduring citywide appeal, complemented by a strong fashion and retail presence including Havn, Le Labo and a selection of independent boutiques.

Nearby, institutions such as the Australian Print Workshop and Collingwood Yards sustain a constant rhythm of exhibitions, performances and creative output, embedding art and culture into the everyday fabric of the neighbourhood.

Smith Street, running parallel, extends this offering with a broader mix of hospitality and nightlife, maintaining its status as one of Melbourne’s most active inner-urban strips.

Beyond these high-energy streets, the immediate surrounds shift in tone. Derby Street and its neighbouring blocks are defined by low-rise heritage terraces, mature trees and a settled residential character. Fitzroy Gardens and Carlton Gardens are both within walking distance, alongside the Royal Exhibition Building and Melbourne Museum, bringing together green space and cultural landmarks within minutes of home.

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Connectivity remains a key advantage. The CBD sits within easy reach, accessible by tram along Smith Street in around 20 minutes, while also remaining close enough to walk or cycle, supported by the inner north’s established bike network.&nbsp;

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>’s long-standing connection to Collingwood underpins the project’s approach. With a portfolio that includes multiple nearby developments across Bedford, Peel and Napier Streets, the developer brings a sustained understanding of the area’s character and evolution. Derby Street continues this trajectory as a collaboration with award-winning Melbourne-based <a href="https://www.apartments.com.au/architects/studio-bright">Studio Bright</a>, marking the practice’s first multi-residential project in the inner north and reflecting a shared focus on design integrity and contextual response.&nbsp;

Balancing connection to the neighbourhood with a sense of seclusion and refuge, Derby Street by Milieu embodies a level of care and craft typically reserved for single residential projects. Comprising 22 residences across six storeys, with two to four-bedroom configurations priced from $1.15 million, the project is currently under construction with completion expected in late 2027.&nbsp;

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Joel Robinson

Derby Street by Milieu, at the top end of Collingwood

A rare new apartment development in the Blue Mountains is the latest in a string of State Significant Development Applications submitted through the New South Wales Government's Housing Delivery Authority.

A total of 270 apartments are being proposed for the 1.16-hectare site at <a href="https://www.apartments.com.au/new-apartments/blue-mountains-alpine-retreat-142-150-narrow-neck-road-katoomba-nsw-2780">142–150 Narrow Neck Road in Katoomba</a>, a parcel of land adjoining the former Katoomba Golf Course. The site was acquired for $3.85 million in 2021 by private developer VDM Prime.

The apartments, comprising a mix of serviced apartments, affordable housing, and traditional build-to-sell product, will be spread across eight low-rise buildings, along with a separate building for a new restaurant, arranged around a green spine that leads to a central park.

<img alt="Katoomba" data-entity-type="file" data-entity-uuid="ee9a2072-f465-44f1-9076-80c9c8ecca02" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-22%20at%209.20.21%E2%80%AFAM.png?VersionId=4bT0vQ7j_syl65wcrJmHGm3m5pTvwrY_" />

The Urban Design Report by Atlas Urban says the vision is to create a "contemporary mountain precinct that is responsive to its escarpment landscape, heritage character, and community context."

"The development responds to the current housing supply and affordability challenges identified under the NSW Housing Delivery Authority (HDA), providing a balanced mix of standard, affordable, and short-stay accommodation," the report noted.

"By introducing a variety of dwelling types and tenures, the proposal supports intergenerational living, local workforce retention, and greater housing choice within an area constrained by topography, heritage, and environmental protections."

Of the 270 units proposed, 52 will be serviced apartments. The remainder will comprise 54 studios, 121 one-bedroom units, 39 two-bedroom apartments, and four three- to four-bedroom residences.

<img alt="Katoomba" data-entity-type="file" data-entity-uuid="f704508d-1bdf-4170-955d-0256652402a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-22%20at%209.56.49%E2%80%AFAM.png?VersionId=TzarHMO4gTOsblCqsbJQkvMqWj9nu2Au" />

The Design Report, by VDM Prime and appointed architect Antoniades Architects, noted that the design seeks to "provide a built form outcome that is highly considered, respectful and contextually fitting, whilst contributing positively to an evolving precinct."

"The site offers three frontages and the opportunity to provide a meaningful interface with the public domain environment. the design has a sympathetic response to streetscape and the green open space that surrounds the site."

The report states that the buildings are broken up to establish an appropriate bulk and scale, emphasised through height and setback strategies and defined through articulation that supports the transition of precinct granularity. It also notes that a central communal open space is established through the site to enhance the social dynamic and access to amenity, including natural ventilation and light to the apartments. The east and west frontages receive solar access during the morning and afternoon, whilst maximising views to the green open space.

The site adjoins the recently completed Yarrabee Katoomba development, comprising 24 duplexes that were completed last year and sold through McGrath Projects.

The relatively new Housing Delivery Authority pathway established by the NSW Government allows developers to submit State Significant Development Applications through a fast-tracked state process, effectively reducing reliance on local council approval pathways and aiming to accelerate housing delivery across New South Wales.

First look: Nearly 300 apartments pitched on former Katoomba golf course site

In Melbourne’s established inner east, the qualities that define a traditional house, width, height, and access to open ground, are increasingly difficult to replicate in new residential developments. Larger landholdings are scarce, and with them, the ability to create apartments that extend beyond compact, internalised layouts.&nbsp;

In <a href="https://www.apartments.com.au/developments/kew-vic-3101">Kew</a>, where the residential fabric is shaped by generous setbacks and mature tree canopies, that tension is especially visible.

<a href="https://www.apartments.com.au/developers/ricdanic-investments-pty-ltd">Ricdanic</a>&nbsp;is bringing forward a boutique collection of just 13 residences across two buildings at 9–11 Wimba Avenue, Kew. Comprising six homes at No.9 and seven at No.11, the project sits on a quiet, tree-lined street just off Cotham Road.&nbsp;

Each apartment has been planned with a level of independence more commonly associated with standalone dwellings, balancing privacy with the efficiencies of apartment living.

Architect Chris Idle, who has been practising for over two decades, says projects like this don’t come along often.

“There are very few opportunities to do these kinds of developments in leafy, established suburbs,” he explains. “To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare.”

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The internal planning begins with width. Living areas extend beyond five metres, allowing furniture, circulation, and glazing to sit comfortably within the same zone without compression. Ceiling heights shift from three metres through to five metres in select areas, changing the sense of scale as you move through the apartment. These proportions are paired with double-glazed windows and fully electric systems, balancing volume with performance, supported by a 7.2 NatHERS energy rating.&nbsp;

From the main living space, the apartments open directly outward. Large sliding doors connect to private gardens averaging 125 square metres, with some residences also incorporating balconies of around 60 square metres. Rather than acting as secondary outdoor zones, these areas sit flush with the internal floor level, extending the usable footprint of the home and allowing for multiple modes of use, whether for quiet daily routines or larger gatherings.&nbsp;

The landscape, led by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick</a>, reinforces this relationship. Across the site, 23 different plant species have been introduced, including a mix of native and established varieties, arranged to maintain privacy while preserving sightlines and light access. Gardens are not treated as decorative buffers but as functional extensions of the apartments, shaped to accommodate movement, seating, and informal use over time.&nbsp;

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Architecturally, the project draws from Kew’s historic residential language. Handmade bricks by Krause define the exterior, grounding the buildings within the material palette of the suburb, while interior finishes, stone, timber flooring, and restrained detailing, continue this approach internally. Architect Chris Idle describes the intent as long-term rather than stylistic: “We wanted it to feel timeless.”&nbsp;

This emphasis on durability extends to how the buildings are accessed and secured. Entry is managed through keyless systems, with a double-gated basement incorporating number plate recognition for vehicle access. Each residence is paired with a private lock-up garage accommodating two to three cars, alongside storage, while all entry points are monitored continuously. These measures sit alongside EV readiness and fully electric infrastructure, aligning the project’s operational systems with its long-term design outlook.&nbsp;

The setting remains central to how the development is experienced. Located within walking distance of Kew Junction and close to established schools including Carey Grammar and Xavier College, the address benefits from existing infrastructure while maintaining a residential quietness that is increasingly difficult to find at this scale.&nbsp;

Construction is being delivered by <a href="https://www.apartments.com.au/builders/sinjen">Sinjen</a>, with a 10-year structural guarantee, with completion targeted for mid-2027.

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Inside Wimba Ave, Kew’s garden-scale residences designed for space and permanence

High-end Sydney developer&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a> has secured approval for one of its latest Mosman projects, one of the first developments approved by Mosman Council under the NSW Government’s Low and Mid-Rise Housing Policy.

The approval represents an important step in delivering well-considered housing next to established village locations on Sydney’s Lower North Shore, in line with the intent of the Low and Mid-Rise zoning framework. 
&nbsp; 
There are currently 13 other sites lodged within Mosman Council under the policy, with <a href="https://www.apartments.com.au/new-apartments/27-29-heydon-street-mosman-nsw-2088">Heydon Street</a> among the first to receive development consent. 
&nbsp; 
Abadeen Founder and Executive Chairman Justin Brown said the project reflects a considered and appropriate response to its planning context. 
&nbsp; 
“This approval demonstrates how carefully considered, design-led development can align with the objectives of the Low and Mid-Rise Housing Policy," Brown said.

"The scheme has been designed to respond sensitively to its village setting, with a built form, scale and level of amenity appropriate to its local context. The determination reflects a balanced and considered planning outcome, with Council recognising the capacity for this site to accommodate additional housing within a well-located and established precinct.”

<img alt="Abadeen secures first approval under low and mid-rise housing policy for Heydon Street, Mosman" data-entity-type="file" data-entity-uuid="92811ce3-02e8-44fc-996e-c61ae039bd3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Heydon%20Street%20Aerial.jpg?VersionId=ZHJVuWQT64QcdrFJx963pFWFzTX7lI2I" />

The Heydon Street approval followed extensive consultation with Mosman Council, with Abadeen working closely with Council throughout the assessment process.

The approved scheme comprises 27 residences, with only four per floor, creating a low-density living environment. The building will include four half-floor penthouses designed to capture views across Middle Harbour, Sydney Harbour and the surrounding district.&nbsp;

The project is expected to appeal to downsizers and owner-occupiers seeking house-like proportions, privacy and local convenience. There will be north-facing Middle Harbour views from the second level upward. It is also just a flat 100-metre walk to Bridgepoint Shopping Centre, which will appeal to owner-occupiers and in particular downsizers.

Two-bedroom residences are expected to be priced from $1.99 million when sales launch later this year. 
&nbsp; 
Joe Tack, CEO at Abadeen, said the outcome reflects both the quality of the site and the broader need for well-located housing. 
&nbsp; 
“This is a highly considered site within a highly established local setting, offering elevated views and strong connectivity. The project has been designed to respond to that context, delivering a scale and quality of housing aligned with both the planning framework and evolving market demand.” 
&nbsp; 
“This approval is particularly significant in the context of Mosman, where new housing supply has historically been limited. While it represents the first approval of this scale in Mosman to be achieved in over 50 years, it is importantly located within a well-established residential location, in close proximity to the established commercial amenity of Spit Road and Mosman Village. It reflects strong confidence in Abadeen’s approach to design, delivery and community integration, while contributing to the delivery of much-needed housing in a highly constrained market.”

Abadeen has an established track record across Sydney’s Lower North Shore, with recent completions including KOYO in Crows Nest and ENSO in Neutral Bay.

In Mosman, Abadeen recently completed The Hampden, with Mosman Residences on the corner of Spit Road and Clifford Street scheduled for completion later this year. Construction has also commenced at Burran Residences, comprising three full-floor ultra-premium homes positioned just 50 metres from Balmoral Beach, with residences expected to achieve prices in excess of $20 million. Two further projects are also progressing through planning within the local government area.

Abadeen secures first approval under low and mid-rise housing policy for Heydon Street, Mosman apartment development

Apartment developer <a href="https://www.apartments.com.au/developers/martello">Martello™</a> is one of the latest entrants to the Gold Coast development market, with its debut project set to be one of the most boutique offerings on Chevron Island in recent years.

Martello has unveiled <a href="https://www.apartments.com.au/new-apartments/aere-chevron-island-18-20-mawarra-street-chevron-island-qld-4217">Aere Chevron Island</a>, a collection of 33 large-scale two-, three-, and four-bedroom apartments across an 18-storey building on Mawarra Street.

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The developer has placed a strong emphasis on wellness, briefing architecture firm Raunik Design to embed this philosophy into the project. It is a direction <a href="https://www.apartments.com.au/developers/martello">Martello™</a> plans to carry through its future developments along the coast.

<a href="https://www.apartments.com.au/developers/martello">Martello™</a> has positioned Aere as a continuation of its human-centric development approach, with a focus extending beyond amenity to the fundamentals of layout, natural light, and spatial planning. Promax Construction has already been appointed to deliver the project, with construction expected to commence in the coming months as part of the group’s broader expansion into South East Queensland.

Rising above the low-rise fabric of Chevron Island, Aere’s design emphasises generous internal proportions and uninterrupted outlooks, with residences oriented to capture coastal, skyline, and waterway views. Interiors prioritise open-plan living, with large-format glazing and carefully considered transitions between indoor and outdoor spaces.

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The upper levels are dedicated to larger-format homes, including four-bedroom residences designed as half-floor offerings. These layouts prioritise separation between living and sleeping zones, along with increased privacy and storage, features more commonly associated with detached housing than traditional apartment product.

Aere’s private resident amenity spaces centre on wellness. A rooftop level will incorporate a heated swimming pool, sauna and spa, alongside a residents’ lounge, dining areas and barbecue spaces, while additional shared facilities throughout the building include a gym and yoga area.

The inclusion of both social and quieter retreat spaces reflects a broader shift in higher-end apartment design on the Gold Coast, where developers are increasingly responding to owner-occupier demand for buildings that support long-term living rather than short-stay use.

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Aere is positioned within walking distance of Chevron Island’s village centre along Thomas Drive, as well as the HOTA cultural precinct via the Green Bridge, connecting residents to parklands, galleries, and event spaces.

For <a href="https://www.apartments.com.au/developers/martello">Martello™</a>, Aere represents the first in a series of planned Gold Coast developments, with the group also exploring opportunities in other coastal precincts, including Kirra and Palm Beach.

The move north comes as sustained population growth and infrastructure investment continue to reshape South East Queensland, with developers increasingly targeting boutique, design-led projects in established lifestyle pockets. Aere’s relatively small scale and emphasis on spatial quality position it within this emerging segment of the market.

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Martello™ enters Gold Coast market with wellness-led Chevron Island development Aere

STH BNK by Beulah

STH BNK by Beulah, the new $2 billion apartment development by Beulah, might just have the most facilities any apartment in Melbourne, or even Australia, has ever produced.

Private and public, the amenity in the <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">two-tower Southbank Boulevard development</a> will give future residents no reason to leave.

Crafted through an international collaboration between UNStudio and Cox Architecture, STH BNK By Beulah will be a striking sculptural structure on Southbank Boulevard consisting of two twisting towers with abundant terracing and pocket parks.&nbsp;

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At the heart of <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a> will be the world’s tallest ‘greenscraper’—promising a green, active and connected urban environment with the future of retail innovation, customised hospitality, fresh food perspectives, cultural experiences, and vitality and wellness at its core.

A wellness precinct, located on an entire podium level in <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>, is designed to be the city's world-class, all-in-one health and wellness destination backed by science's leading practices.

Beulah is curating a selection of practitioners and experts focusing on science and medicine, with select beauty and wellness services run by Four Seasons.

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Four Seasons is set to bring world-class luxury spa services to <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>, including a salt room, aroma lab, and apothecary.

VIP Resident membership grants access to light medical treatment at the medical wellness centre, where a dedicated doctor is available for consultations, and access to a gym with professional-level equipment and diverse training and fitness classes.

Residents can choose between high-intensity activities like the pool and gym or more relaxed pursuits such as yoga and pilates.

&nbsp;

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The Wellness Precinct's nutrition station offers healthy, delicious meals and drinks, complementing personalised training regimes.

Residents can co-create a health and wellness program with specialists, including diet plans delivered fresh from the STH BNK by Beulah Market Hall.

Cutting-edge services, ranging from hair and makeup and facials to dermatology, detox treatments and anti-aging therapies, are also conveniently available on-site.&nbsp;

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This $2 billion vertically integrated city within a city will home 705 apartments with luxury amenities on the rooftop and various other precincts at the podium.

The Four Seasons building rooftop hosts its hotel restaurant and bar, while the taller tower boasts a sky garden with panoramic city views, public art, and an urban park. <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a> also allocates 50,000 sqm of floor space in the Four Seasons building for commercial offices.

STH BNK's podium features extensive green social spaces on its roof deck, the STH BNK Square. The multi-level podium is divided into a retail precinct, an auditorium with flexible space and seating for 3,000 people, a kids club with a child care centre and play area, a street-level dining destination, and STH BNK Market Hall for fresh local products and sustainably sourced products.

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A new significant gallery for Melbourne will also find its home in <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah's</a> arts precinct, with the country’s first innovative cultural centre for young people in partnership with Centre Pompidou.

Future residents will also have access to <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah's</a> concierge services, including housekeeping, shopping, childminding, an on-call doctor, pet services, and a first-of-its-kind fleet of luxury vehicles for residents to use at their convenience.

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a> has already <a href="/news/vic/sth-bnk-by-beulah-apartments-now-80-sold">sold 80 per cent of its apartments</a> before its construction commences in early 2024. Earlier this year, Beulah <a href="/news/vic/multiplex-to-build-2-billion-sth-bnk-by-beulah-towers">announced Multiplex as the builder</a> of <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>&nbsp;earlier this year.

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A wellness precinct, located on an entire podium level in STH BNK by Beulah, is designed to be the city's world-class, all-in-one health and wellness destination backed by science's leading practices

Staff Writer

STH BNK by Beulah: The most facilities in any Melbourne apartment development?

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>, the landmark <a href="/new-apartments/southbank-vic-3006">$2 billion Southbank project</a> set to change the Melbourne skyline, has sold 80 per cent of its apartments even before it's started its build.

The two twisting towers on Southbank Boulevard will home 705 apartments, as well significant health, wellness, and social facilities for residents, a Four Seasons Hotel Melbourne, and the country’s first innovative cultural centre for young people.

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When the project launched in April 2022, it achieved <a href="/news/vic/sth-bnk-by-beulah-nets-over-400m-in-sales-at-launch-weekend">over $400 million in sales on the first weekend</a>.

Sales have averaged out at $1.5 million, ranging from $534,000 to a record $38 million sub-penthouse sale. There's been a number of sales in the $15 million to $38 million range.

Read more:&nbsp;<a href="/news/vic/sth-bnk-by-beulah-breaks-melbourne-apartment-record-again">STH BNK by Beulah breaks Melbourne apartment record, again</a>

A recent release has seen a handle of one and two-bedroom apartments become available.

Three-bedroom and four-bedroom apartments are amongst some of the most popular layouts, with a number of buyers amalgamating or customising interiors to create their dream home in a landmark building.

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Many of its purchasers are in their mid-30s to 40s ranging from local Southbank residents and early downsizers from inner Melbourne looking to upgrade. Regional Victorians have also been in search 
of a holiday home, as well as interstate and international purchasers looking for an investment or relocation.

Beulah Executive Director, Adelene Teh, said the strong sales performance is reflective of the growing demand for luxury apartments that offer something distinctly different, while being centrally located within the Melbourne CBD.

“<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> is redefining what can be made possible by exploring true vertical living," Teh says.

"By providing a mini metropolis that truly has everything within walking distance, individuals can spend more time on what matters most, as opposed to travelling or commuting. <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> prioritises not just health and wellness, but ultimate convenience and this adds to the holistic wellbeing for our future residents.

“Sales are consistent across all collections as they suit different demographics and price points; Garden Rise Residences are set above the energy of the podium and provide the closest connection to the pulse of Southbank, while floorplans become more spacious and grander the higher up you go."

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A key feature that purchasers are continuing to take advantage of is the customisable ‘Tailored Living’ services, which will see the total number of apartments in <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> continue to decrease as a result of more tailored configurations; a curated service that extends to custom interiors as well. This has been a key selling point for residents purchasing the units on higher floors.

Future residents will also have access to STH BNK Concierge Services including housekeeping, shopping, childminding, and pet services, plus an on-call doctor, beauty and wellness treatments.

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Designed in partnership with UNStudio and Cox Architecture, Residents will have access to the vibrant and comprehensive lifestyle podium; a wellness and culture precinct comprising premium retail, inspiring cultural events and engaging entertainment, childcare centre, outdoor gardens and rooftop spaces and a first-of-its-kind fleet of luxury vehicles for residents to use at their convenience.

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> is due to commence early works in early 2024 and will take approximately five years to complete. Earlier this year Beulah <a href="/news/vic/multiplex-to-build-2-billion-sth-bnk-by-beulah-towers">announced Mutliplex as the builder</a> of <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>.

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Beulah Executive Director, Adelene Teh, said the strong sales performance is reflective of the growing demand for luxury apartments that offer something distinctly different


STH BNK by Beulah apartments now 80% sold

Beulah has appointed Multiplex to construction their $2 billion mixed-use Southbank project, <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a>.

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> will be the tallest skyscraper in the southern hemisphere when it's completed in 2029. Beulah are forecasting a five-year build, with early works to commence in late 2023 or early 2024.

The announcement follows an extensive review of globally competent and respected construction companies around the world with Multiplex chosen due to their strong history spanning over 60 years, having completed over 1,100 projects valued at over US$100 billion. Notable projects within its portfolio include the Southern Hemisphere’s highest residential tower <a href="/buildings/australia-108-southbank-70-southbank-boulevard-southbank">Australia 108</a>, also in <a href="/new-apartments/southbank-vic-3006">Southbank</a>, <a href="/buildings/collins-arch-447-collins-street-melbourne">Collins Arch</a>, Jewel on the Gold Coast, 80 Collins Street, Federation Square, and Principal Tower, one of Europe’s tallest residential towers.

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The acclaimed builder is also responsible for international stadiums and landmarks including England’s renowned Wembley Stadium and Stamford Bridge, Elephant and Castle Town Centre, University of Glasgow, Dubai’s The Address Beach Resort, Abu Dhabi’s Eastern Mangroves and many more.

Soaring 365-metres high, Multiplex will be responsible for bringing the hyper-mixed-use <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a> to life; Australia’s first 5-minute vertical city which includes two twisting towers and a world-class retail precinct home to an impressive selection of shops, a comprehensive wellness precinct, a childcare centre, a Four Seasons Hotel, an innovative cultural centre in partnership with Centre Pompidou, commercial office space, a diverse residential offering, numerous pocket parks as well as the world’s tallest vertical garden.

Beulah Managing Director Jiaheng Chan said Multiplex was chosen due to its wealth of global experience in building tall towers that push the envelope in terms of design and construction while ensuring sustainability remains central to its core operations.

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“Multiplex is responsible for delivering some of Australia’s most significant and iconic projects, many of which push the boundaries in terms of engineering and design," Chan said.

"Following an extensive review period, we believe them to be the most experienced to be our builder partner for such an iconic project and look forward to a long-term partnership that will see <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a> come to life.

“Over 50 per cent of Multiplex’s Melbourne portfolio is built for repeat clients, with this signalling the second time we have worked with them, following the successful delivery of our award-winning Paragon project in 2021.

"Additionally, <a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> has a strong emphasis on sustainability and biophilia and Multiplex’s commitment to reducing its carbon footprint was also taken into consideration; Multiplex is committed to net zero carbon buildings and sites by 2030 and a net zero carbon value chain by 2050.”

<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK By Beulah</a> has already seen a string of high-profile sales of its 691 apartments, with a number of sales ranging between $30 million and $38 million.

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STH BNK By Beulah will be the tallest skyscraper in the southern hemisphere when it's completed in 2029

Multiplex to build $2 billion STH BNK By Beulah towers

In preparation of the construction of their STH BNK by Beulah development in Melbourne's Southbank, developer Beulah has commissioned Melbourne artist George Rose to paint a large-scale mural of Australia natives on the rooftop of the former BMW building.

Commissioned by Beulah Foundation, Beulah’s philanthropic arm, the artwork will aspire to promote art, well-being and sustainability, while advancing culture in and around the City of Melbourne.

The concept for the mural focuses on rejuvenating the current site’s urbanscape and will be complementary to the eye-catching Atong Atem mural that adorns the exterior of Hanover House, with both sites celebrating local female artists.The mural will be available to see from the end of July 2023 to December 2023.&nbsp;

<img alt="George Rose STH BNK" data-entity-type="file" data-entity-uuid="d220a90b-2b3a-454c-9111-b1cb6dcb00bc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%2010.49.48%20am.png?VersionId=SvAwmtCI5E8UGMmqhOkBtt.zOPERJJ5T" />

Beulah Director Adelene Teh said the Beulah Foundation is thrilled to partner with George Rose, anticipating the positive impact of this artwork on the community.

“The vibrant piece commissioned by the Foundation adds colour and life to the area, aspiring to bring joy to workers, residents and visitors, especially those in surrounding tall towers who will be able to enjoy the rooftop mural daily," Teh said.

"It helps to spark imagination of the integration of life and biophilia with the future built environment, enhancing the connection between people and nature in cities.

“We received such positive feedback from the local community on Atong Atem’s Hanover House mural and it became a must-see installation within the City of Melbourne.

“With Melbourne as the cultural capital of Australia known for its rich and vibrant arts and culture scene, both of these murals aim to also activate Melbourne as a vibrant 24/7 city, while celebrating local female artists as well said."

Using bright, surreal colours and her signature gradients, George Rose’s work focuses on gestural mark-making often paired with endemic botanicals. Her work explores the fragility of nature, featuring endangered floral and fauna, and the transformation of the micro into macro-scale. Her work can be found across the globe from Australia to the US, and across Asia and Europe.

<img alt="George Rose" data-entity-type="file" data-entity-uuid="5e69fb6c-1104-4a8e-b0fb-a370d9e1246e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%2010.49.33%20am.png?VersionId=2m0n2pSVttVRUli0nXyqoZsBo67GVQo0" />

Both Hanover House and the former BMW site will be the future home to STH BNK By Beulah, a vertically integrated city within a city that will offer world-class retail, a comprehensive wellness precinct, a residential offering, a childcare centre, extensive green spaces including rooftop gardens and eight pocket parks dotted throughout, as well as an innovative cultural centre in partnership with Centre Pompidou, which has the largest collection of modern and contemporary art in Europe.

The five-minute vertical city is substantially lower than the 15-minute benchmark set by planning models across the world, which was first introduced by French-Colombian scientist Carlos Moreno in 2016.

[smartcode_project:default project_id=8804 project_image_fid=194915]

In 2019, the Victorian Government launched a 20-minute neighbourhoods pilot program, following research that 20 minutes is the maximum time that people are willing to walk to meet their daily needs locally.

Beulah Director Adelene Teh said the Beulah Foundation is thrilled to partner with George Rose, anticipating the positive impact of this artwork on the community

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